Karsten Kühnle

Head of Frankfurt Norton Rose Fulbright LLP
Karsten Kühnle

Karsten Kühnle

Biography

Karsten Kühnle is a corporate and M&A lawyer based in Frankfurt.

He concentrates on corporate transactions including mergers and acquisitions, joint ventures, commercial agreements, and general corporate matters such as corporate governance and compliance. 

Karsten has long-standing experience in multinational carve-out transactions and international joint ventures acting for global businesses and German Mittelstand companies. He is one of the leading lawyers for all kind of matters pertaining to the European Stock Corporation (Societas Europaea, SE) and cross-border reorganizations (mergers, conversions, spin-offs and split-offs).

Karsten works for corporates active in automotive, transport and logistics, chemicals, and industrial manufacturing.

Clients describe him in Legal 500 as 'very close to the client, always reachable, foresighted proactive legal advice which can be easily put into practice and is given without too many "if then" provisos.', 'Very pragmatic, focused and proactive advice', and 'the team's service orientation is outstanding. Super responsive. Always reachable. Highly flexible and uncomplicated.'

He benefits from secondments with one of the world's leading investment banks and a leading European corporate business where he obtained additional insights into M&A transaction making and supported the legal department in day-to-day operations. He is a frequent author of thought leadership relevant to carve-out transactions, joint ventures, and the mobility sector.

Karsten joined the practice in 2006, having previously worked as a research and teaching assistant for corporate law and civil law at the University of Greifswald.

Professional experience

Rankings and recognitions

Rankings and recognitions

  • Karsten has been recognized as one of Germany's best lawyers / recommended lawyer for corporate law by German Handelsblatt and Legal 500 for 2019, 2020, 2021, 2022 and 2023.
  • Frequently listed as recommended lawyer for M&A in JUVE Handbook: "He has a good intuition & pragmatic answers that help me in decision making." (Handbook 2022/2023); "Always available, highly service oriented." (Handbook 2023/2024); "Applies a very structured approach, super dedicated." (Handbook 2024/2025)
  • Frequently ranked in Thomson Reuters Stand-out Lawyer (formerly Acritas Stars): "Extremely good customer service…he is also a very pleasant person and is always there for us." (2020); "He has a pronounced expertise in his field … with him we are currently doing a very large carve-out, which is very complex. He is also a very good project manager, which means he manages his own team very well, but he also helps me manage the organization to a certain extent by keeping track of things, asking where things are, explaining things to people, introducing them to topics." (2021); "He is also a good sparring partner for all the critical issues that I have to deal with on a daily basis. If I happen to have an idea and think to myself, 'Should I perhaps try it out again?' I call Karsten Kühnle and discuss the pros and cons of my potential decision with him." (2022); "His client focus, coupled with a healthy pragmatism and a good sense of where the risk lies with us when it comes to answering legal questions." (2023)
  • This might be the highest quality collection of people we have ever had working for us on a single issue!” (client, 2025)

Education

Education

Ernst-Moritz-Arndt University Greifswald

Admissions

Admissions

  • Rechtsanwalt (German qualified lawyer)

Publications

Publications

  • Business Law Magazine: Mobility trends under review: What they mean for business and law – Issue 2/2025, June 2025
  • The Passenger: Podcast – Die Zukunft der Mobilität: Megatrend-Studie: Welche Faktoren prägen die Mobilität der Zukunft?– The Passenger Podcast, with Harry Gatterer, June 2025
  • JV governance: navigating challenges and opportunities – Financier Worldwide Magazine, May 2025
  • MEGATREND STUDY MOBILITY: 14 trends for the future of mobility – Joint study with Zukunftsinstitut, May 2025
  • In the spotlight: The most important trends in the legal market – BusinessLawMagazine (GermanLawInternational), November 2024 edition (co-authored by Lena Haffner and Gunnar Skoeries)
  • Keynote speaker “Are you ready: Spin-off and carve-out transactions as an instrument for value creation” – Corporate strategy days of a German listed group (EUR 13bn turnover), June 2024
  • Carve-outs: Do’s and don’ts for sellers and financial investors – What's up Corporate Finance, March 2024 (Podcast together with Gunnar Skoeries)
  • Post M&A Disputes – Effective concepts to avoid getting dragged into post M&A-disputes – German AnwaltSpiegel roundtable discussion, March 2024
  • Carve-outs: An effective instrument for value creation – Joint study on carve-out transactions in the DACH-Region with AlixPartners, May 2023
  • Spin Offs and Carve Outs – FINANCIER WORDLWIDE – Panellist Roundtable, May 2023
  • EU Taxonomy Rules push corporate portfolio restructuring – Börsen-Zeitung,11 February 2023
  • Separating the useful...from the harmful “results”, FinanzWissen für Unternehmen, February 2022 edition
  • Bridging the valuation gap in times of uncertainty – Norton Rose Fulbright M&A Outlook 2023
  • Carve-outs: a trend that also triggers prejudices – Finance magazine, 28 November 2022
  • Carve-out transactions on the rise – TV interview in German Finance-TV session, November 2022
  • Legal commentary (English) on Article 86 seqq. (cross-border conversions) of Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions. Published in August 2021 in the commentary series (Nomos, Beck, Hart) Internationales und Europäisches Wirtschaftsrecht (IEWR) / International and European Business Law (IEBL), editors: Prof. Dr. Dr. h.c. Peter Kindler and Prof. Dr. Jan Lieder
  • Commentary on corporate law issues (as regards German limited liability companies) in Dr. von Göler Anwaltskommentare (online commentary) (2022-2024)
  • The raising popularity of multi-national carve-out transactions – Norton Rose Fulbright M&A Outlook 2022
  • Joint ventures: Market analysis on success factors and outlook for 2021 – Norton Rose Fulbright study and publication
  • Due diligence obligations regarding human rights are on the advance – Summary of current developments (together with Michael Wiedmann), C.H. Beck Newsdienst Compliance 2020, 210119
  • Who is afraid of the upcoming Supply Chain Act? (together with Michael Wiedmann) – Deutscher AnwaltSpiegel, edition no. 16 of 5 August 2020
  • Contracts with former board members (together with Oliver Polster) – NWJ-aktuell 10/2020, page 19
  • Co-determination not mandatory - Lean supervisory board in case of change to an SE remains disputed – FAZ of 24 October 2018 /no. 247, page 16
  • Dax-listed corporations screen their supply chains: Human rights in the focus of financial reports - companies lag behind (together with Michael Wiedmann) – BZ of 28 July 2018
  • EU strengthens protection for whistleblowers - New directive puts German government under pressure - Reduced penalties for effective compliance systems still missing (with Michael Wiedmann) – Börsen-Zeitung of 15 May 2018, page 9
  • Acid test for acquisitions abroad – Markt und Mittelstand, April 2007 edition, page 36 et seqq.
  • The fairytale of an escape into the European stock corporation (together with Kai Krüger) – BZ of 25 March 2017 /no. 60
  • Ruling of the district court of Frankfurt on taking foreign employees into account in the application of the Co-Determination Act – C.H. Beck Newsdienst Compliance 2015, 22030
  • Ruling of the district court of Berlin on the limitation of co-determination to domestic establishments – C.H. Beck Newsdienst Compliance 2015, 22101
  • "News" on the conflict-of-laws qualification of creditor-protecting matters in the insolvency of a foreign front company (together with Dirk Otto) – IPRAX 2009, 117
  • The acquisition of a company undergoing insolvency procedures – Opportunities and particularities of contract drafting (together with Nico Abel) – M&A-Review 7/2009

Memberships and activities

Memberships and activities

Frankfurt Bar Association

Languages

Languages

  • German
  • English

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